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NEW QUESTION: 1
You can enter a derivative contract that will pay $100 at the end of a year if the price of corn exceeds
$ 3 per bushel, or $50 if it is equal to $3 per bushel or lower. The probability that corn will exceed $3 by the end of one year is 50%. The current price of the contract is $60, and interest is 5% per year. What is the optimal strategy?
A. Enter into the derivative contract for a cost of $60.
B. Buy $3 per bushel worth of corn futures.
C. Invest $60 at 5% until the end of the year.
Answer: A
Explanation:
Enter into the derivative contract for a cost of $60, for the expected payoff is 0.50 * $100 +
0 .50 * $50 = $75. That is a 25% return on your investment in one year, greater than the 5% that could be made by investing the $60 at interest. This is an example of the investment consequences of inconsistent probabilities. The present value of the contract should be $75/1.05 = $71.43. Thus, an arbitrage opportunity is present. On an expected value basis, you can buy an asset worth $71.43 for only $60.

NEW QUESTION: 2
Contact Center Multimedia supports a powerful Email Handler.
Which two sub-types of Email attachment files are supported? (Choose two.)
A. Voice Mail
B. Short Message Service
C. Instant Messaging
D. Web Communication
Answer: A,C

NEW QUESTION: 3
You have a Microsoft Azure Active Directory (Azure AD) tenant named contoso.com.
You have three applications App1, App2, App3. The Apps use files that have the same file extensions.
Your company uses Windows Information Protection (WIP). WIP has the following configurations:
Windows Information Protection mode: Silent
Protected apps: App1
Exempt apps: App2
From App1, you create a file named File1.
What is the effect of the configurations? To answer, select the appropriate options in the answer area.

Answer:
Explanation:

Reference:
https://docs.microsoft.com/en-us/windows/security/information-protection/windows-information-protection/create-wip-policy-using-intune
https://docs.microsoft.com/en-us/windows/security/information-protection/windows-information-protection/create-wip-policy-using-intune